The report suggests that domestic economic conditions are the primary factor influencing the central bank's decisions
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India’s merchandise exports are projected to rise by a tepid 1 to 3 per cent to USD 446 to 449 billion in FY2025 from USD 441.4 in FY2024, amid sluggish global demand
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The spike in gold imports after the duty cut is likely to bloat the Q2FY2025 current account deficit (CAD) to 2.0 per cent of gross domestic product (GDP) from 1.1 per cent of GDP in Q1 FY2025, says Icra
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India is the leading exporter and grower of basmati rice, followed by neighbouring Pakistan.
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IMD had in its pre-monsoon forecast predicted rainfall across the country to be above normal, at 106 per cent of the long period average
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A recent report by Ask Capital says with enablers like deep internet penetration efficient and cheap 4G and 5G services along with government digital initiatives India is set to become a USD 1 trillion digital economy by 2028
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GST refunds continued to rise steadily for the second month in a row, with domestic refunds increasing by 24.3 per cent in September and export-related Integrated GST (IGST) refunds growing by 39.2 per cent
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In 2024, the total GST collection has been 9.5 per cent higher at Rs 10.9 lakh crore, as against Rs 9.9 lakh crore mopped up in the corresponding period of 2023
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